§ 777. Definitions. As used in this article, the following terms shall have the following meanings: 1. “Builder” means any person, corporation, partnership or other entity contracting with an owner for the construction or sale of a new home. 2. “Building code” means the uniform fire prevention and building code promulgated under section three hundred […]
§ 777-a. Housing merchant implied warranty. 1. Notwithstanding the provisions of section two hundred fifty-one of the real property law, a housing merchant implied warranty is implied in the contract or agreement for the sale of a new home and shall survive the passing of title. A housing merchant implied warranty shall mean that: a. […]
§ 777-b. Exclusion or modification of warranties. 1. Except in the case of a housing merchant implied warranty, the builder or seller of a new home may exclude or modify all warranties by any clear and conspicuous terms contained in the written contract or agreement of sale which call the buyer’s attention to the exclusion […]